Ram K (NA) (216 Points)
10 February 2019Hello All,
I read somewhere that in order to claim excess advanced tax you have to file some form 30 or so?
Is this true?
If after paying advance tax if there's a refund after total computation of tax liability, does IT Dept refund it along with ITR form processing seamlessly to the specified bank account, or does one need to claim it separately?
Regards,
Ram.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178014 Points)
Replied 10 February 2019
No need to file any extra form.
The excess of any tax paid is automatically refunded/credited to the bank account, as soon as the filed ITR is processed by CPC.
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 10 February 2019
CAclubindia
